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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000000000-08-052377.txt : 20081204
<SEC-HEADER>0000000000-08-052377.hdr.sgml : 20081204
<ACCEPTANCE-DATETIME>20081020172704
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0000000000-08-052377
CONFORMED SUBMISSION TYPE:	UPLOAD
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20081020

FILED FOR:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			OLYMPIC STEEL INC
		CENTRAL INDEX KEY:			0000917470
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-METALS SERVICE CENTERS & OFFICES [5051]
		IRS NUMBER:				341245650
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		UPLOAD

	BUSINESS ADDRESS:	
		STREET 1:		5080 RICHMOND RD
		CITY:			BEDFORD HEIGHTS
		STATE:			OH
		ZIP:			44146
		BUSINESS PHONE:		2162923800

	MAIL ADDRESS:	
		STREET 1:		5096 RICHMOND RD
		CITY:			BEDFORD HEIGHTS
		STATE:			OH
		ZIP:			44146
PUBLIC REFERENCE ACCESSION NUMBER:		0000950152-08-001940
</SEC-HEADER>
<DOCUMENT>
<TYPE>LETTER
<SEQUENCE>1
<FILENAME>filename1.txt
<TEXT>


Mail Stop 3561
								October 20, 2008

Via Fax & U.S. Mail

Mr. Richard T. Marabito
Chief Financial Officer
5096 Richmond Road
Bedford Heights, Ohio 44146

Re:	Olympic Steel, Inc.
	Form 10-K for the year ended December 31, 2007
      Filed March 14, 2008
	File No. 000-23320

Dear Mr. Marabito:

We have completed our review of your Form 10-K and related filings
and have no further comments at this time.


      Sincerely,


      Linda Cvrkel
      Branch Chief


VIA FACSIMILE (216) 292-3974
Mr. Richard T. Marabito
Mr. Richard T. Marabito
Olympic Steel, Inc.
August 27, 2008
Page 1


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